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Which of the following is true of variance? O Managers should not simply interpret a favorable variance as good but should understand why the

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Which of the following is true of variance? O Managers should not simply interpret a favorable variance as good but should understand why the variance occurred. O Managers should interpret a favorable variance as "good news". O Managers' performance must be evaluated solely on single variance. OA small variance or zero variance definitively reveals efficient performance.

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